POWER DEAL Fuel cell maker Ceres Power has signed a deal with an unnamed manufacturer to develop power systems that generate low-carbon power on-site, cutting reliance on infrastructure networks. It is Horsham-based Ceres' fifth partnership in two years.

SWISS BLISS The Swiss central bank made a £41billion profit last year thanks to its investments in foreign stocks and bonds – more than the profits at tech titan Apple and equivalent to 8 per cent of the country's total economic output.

TITAN RECORD Investors have poured a record £200million into the Octopus Titan fund, the biggest sum raised in one go by a venture capital trust, taking its total value to more than £600million.

INSURER BACKED Insurance market Lloyd's of London is set for a boost as broker Peel Hunt said it has 'turned a corner' and should do well when business policies come up for renewal in the US.

PENSIONS GROWING Pension funds have clocked up six straight years of growth thanks to surging markets, according to research done by the Moneyfacts website.

The average retirement scheme rose 10.5 per cent last year, after growth of 15.7 per cent in 2016.

SAVINGS SURGE Savers are piling into City stock-pickers – Liontrust has banked £571million in the last quarter of 2017, and rival Premier Asset Management sucked in £236million in the same period.